Duos Technologies Group Stock Z Score
| DUOT Stock | USD 3.19 0.06 1.92% |
Duos | Z Score |
Duos Technologies Group Company Z Score Analysis
Duos Technologies' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
Duos Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Duos Technologies is extremely important. It helps to project a fair market value of Duos Stock properly, considering its historical fundamentals such as Z Score. Since Duos Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Duos Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Duos Technologies' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
According to the company's disclosures, Duos Technologies Group has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Duos Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Duos Technologies' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Duos Technologies could also be used in its relative valuation, which is a method of valuing Duos Technologies by comparing valuation metrics of similar companies.Duos Technologies is currently under evaluation in z score category among related companies.
Duos Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Duos Technologies from analyzing Duos Technologies' financial statements. These drivers represent accounts that assess Duos Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Duos Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 851.6K | 14.1M | 19.0M | 20.9M | 18.8M | 19.7M | |
| Enterprise Value | 2.3M | 12.0M | 23.3M | 23.5M | 21.2M | 22.2M |
Duos Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in Duos Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Duos Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Duos Technologies' value.| Shares | Mesirow Fin Investmt Mgmt Intl Equity | 2023-12-31 | 21.7 K | Citadel Advisors Llc | 2023-09-30 | 17.4 K | State Street Corporation | 2023-12-31 | 11.4 K | Tucker Asset Management Llc | 2023-12-31 | 10.8 K | Ubs Group Ag | 2023-12-31 | 6.6 K | Tower Research Capital Llc | 2023-12-31 | 3.5 K | Wells Fargo & Co | 2023-12-31 | 38.0 | Jpmorgan Chase & Co | 2023-12-31 | 9.0 | Bank Of America Corp | 2023-12-31 | 3.0 | Bleichroeder Lp | 2023-12-31 | 1.3 M | Bard Associates Inc | 2023-12-31 | 418.2 K |
Duos Fundamentals
| Return On Equity | -2.39 | ||||
| Return On Asset | -0.55 | ||||
| Profit Margin | (1.50) % | ||||
| Operating Margin | (2.08) % | ||||
| Current Valuation | 25.45 M | ||||
| Shares Outstanding | 7.32 M | ||||
| Shares Owned By Insiders | 28.90 % | ||||
| Shares Owned By Institutions | 32.77 % | ||||
| Number Of Shares Shorted | 56.74 K | ||||
| Price To Earning | (0.60) X | ||||
| Price To Book | 4.19 X | ||||
| Price To Sales | 3.01 X | ||||
| Revenue | 7.47 M | ||||
| Gross Profit | (2.56 M) | ||||
| EBITDA | (10.58 M) | ||||
| Net Income | (11.24 M) | ||||
| Cash And Equivalents | 6.27 M | ||||
| Cash Per Share | 1.03 X | ||||
| Total Debt | 5.05 M | ||||
| Debt To Equity | 1.88 % | ||||
| Current Ratio | 1.16 X | ||||
| Book Value Per Share | 0.73 X | ||||
| Cash Flow From Operations | (8.75 M) | ||||
| Short Ratio | 1.70 X | ||||
| Earnings Per Share | (1.56) X | ||||
| Target Price | 6.75 | ||||
| Number Of Employees | 66 | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 22.82 M | ||||
| Total Asset | 12.84 M | ||||
| Retained Earnings | (63.6 M) | ||||
| Working Capital | 3.01 M | ||||
| Current Asset | 853 K | ||||
| Current Liabilities | 4.25 M | ||||
| Net Asset | 12.84 M |
About Duos Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Duos Technologies Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Duos Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Duos Technologies Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Duos Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duos Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duos Technologies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Duos Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duos Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duos Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duos Technologies Group to buy it.
The correlation of Duos Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duos Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duos Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duos Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Duos Technologies Piotroski F Score and Duos Technologies Valuation analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Duos Stock analysis
When running Duos Technologies' price analysis, check to measure Duos Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Duos Technologies is operating at the current time. Most of Duos Technologies' value examination focuses on studying past and present price action to predict the probability of Duos Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duos Technologies' price. Additionally, you may evaluate how the addition of Duos Technologies to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Is Duos Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duos Technologies. If investors know Duos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duos Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.56) | Revenue Per Share 1.037 | Quarterly Revenue Growth (0.74) | Return On Assets (0.55) | Return On Equity (2.39) |
The market value of Duos Technologies is measured differently than its book value, which is the value of Duos that is recorded on the company's balance sheet. Investors also form their own opinion of Duos Technologies' value that differs from its market value or its book value, called intrinsic value, which is Duos Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duos Technologies' market value can be influenced by many factors that don't directly affect Duos Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Duos Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Duos Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duos Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.